Are you sprucing up your home to boost curb appeal, or hoping to save money by reducing your cooling costs? If so, this is how new roofing shingles will improve your home’s value.
New Roofing Shingles Have a Big Impact
Certainly, there are many home restoration projects that stir excitement. A kitchen remodel or a new walk-in closet complete with chandelier, to name a few.
While a new roof may not seem all that fancy, according to Remodeling Magazine’s 2018 report, a new roof can boost your home’s value an average of $14,320.
Take a look at the reasons why a new roof might be your most worthy home investment.
Why a New Roof Adds Value
Looks Don’t Lie
Let’s talk about curb appeal. A roof is usually the first thing people notice about a home, especially from a distance. Black stains and missing shingles scream NEGLECT!
If you’re a potential homebuyer, you’re going to spend your time focusing on the roof rather than being swept away by the facade.
A dirty dingy roof with debris spilling from the gutters means there’s probably a roof leak somewhere. Upon first sight, your home visitors will have probably talked themselves down from your selling price, and are likely wondering what else could be wrong. (Not to mention those potential repair costs.) And guess what? Even if the buyer doesn’t notice your roof, their realtor will point it out. From there, the decision-making process and negotiations begin.
It’s All About the Warranty
Today’s premium-quality shingles offer extended warranties. Instead of carrying a standard 15-20 year warranty, some shingles are covered for up to 50 years. If you’re fortunate to work with a roofing contractor that offers a limited lifetime workmanship warranty, your roof will be set for quite some time, minus the usual maintenance and repairs.
The latest roofing materials provide cost savings in utility bills and greater comfort. If you live in a hot and humid state such as Texas or Florida, a new Energy Star compliant roof will reflect the sunlight and can reduce the surface temperature by up to 100 degrees. By updating your shingles you’ll reduce your heating and cooling costs while benefiting from a modern style material.
Do You Need a New Roof?
Now that you know the several ways a new roof can improve your home’s value, the next thing to figure out is whether or not you need one. The following signs prove your roof is in need of some TLC.
- Dented or missing shingles
- Water stains or blistering on the ceiling
- Shingle granules in the gutter
- Missing or damaged flashing